ra 11524

President Duterte signs RA 11524

President Rodrigo Duterte signs RA 11524 or the Coconut Farmers and Industry Trust Fund Act on February 26, 2021.

The law aims to provide funds for the Philippine Coconut Authority Board to consolidate benefits due to coconut farmers and expedite its delivery to attain increased incomes for coconut farmers, alleviate poverty, and achieve social equality.

Under this law, the Philippine Coconut Authority will develop a Coconut Farmers and Industry Development Plan which will set the directions and policies for the development and rehabilitation of the coconut industry for fifty (50) years. (@pcoogov)

You may want to read:

1. Leading Insurance Company in the Philippines